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State Street SPDR S&P Insurance ETF

53 hedge funds and large institutions have $335M invested in State Street SPDR S&P Insurance ETF in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

70.4% more ownership

Funds ownership: 259.64%330.04% (+70%)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

11% more capital invested

Capital invested by funds: $303M → $335M (+$32.2M)

9% less funds holding

Funds holding: 5853 (-5)

12% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 17

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

Holders
53
Holders Change
-5
Holders Change %
-8.62%
% of All Funds
1.41%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
9
Increased
15
Reduced
17
Closed
13
Calls
$376K
Puts
Net Calls
+$376K
Net Calls Change
+$475K
Name Holding Trade Value Shares
Change
Change in
Stake
CI
1
Clal Insurance
Israel
$73.4M
Goldman Sachs
2
Goldman Sachs
New York
$71.7M -$238K -10,821 -0.3%
FMI
3
Factory Mutual Insurance
Massachusetts
$24.8M
MIM
4
Miller Investment Management
Pennsylvania
$21.3M -$315K -14,319 -1%
X
5
Xponance
Pennsylvania
$19.5M +$18.3M +829,923 +2,068%
Bank of America
6
Bank of America
North Carolina
$18.8M -$10.6M -482,499 -37%
New York State Common Retirement Fund
7
New York State Common Retirement Fund
New York
$16.1M +$15.8M +717,999 New
Morgan Stanley
8
Morgan Stanley
New York
$14.7M +$776K +35,250 +6%
CS
9
Credit Suisse
Switzerland
$12.5M +$1.42M +64,605 +13%
UBS Group
10
UBS Group
Switzerland
$10.3M -$1.52M -69,066 -13%
Citigroup
11
Citigroup
New York
$7.07M -$69.3K -3,150 -1%
BNP Paribas Financial Markets
12
BNP Paribas Financial Markets
France
$6.71M +$6.6M +300,000 New
Citadel Advisors
13
Citadel Advisors
Florida
$6.26M +$90.8K +4,125 +1%
Wells Fargo
14
Wells Fargo
California
$6.13M +$36.1K +1,638 +0.6%
CA
15
Cumberland Advisors
Florida
$4.44M +$4.37M +198,540 New
TSWM
16
Triangle Securities Wealth Management
North Carolina
$3.07M +$3.96K +180 +0.1%
TFA
17
Toth Financial Advisory
Virginia
$2.84M +$428K +19,425 +18%
Jane Street
18
Jane Street
New York
$2.62M -$141K -6,402 -5%
AIC
19
Ayalon Insurance Company
Israel
$1.65M +$1.62M +73,785 New
TRCT
20
Tower Research Capital (TRC)
New York
$1.59M +$1.18M +53,577 +305%
Creative Planning
21
Creative Planning
Kansas
$1.26M +$1.24M +56,388 +469,900%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$914K +$495K +22,503 +123%
SG Americas Securities
23
SG Americas Securities
New York
$889K
RJA
24
Raymond James & Associates
Florida
$834K -$395K -17,925 -32%
PAG
25
Pinnacle Advisory Group
Maryland
$789K -$115K -5,220 -13%

KIE Hedge Fund Activity: Q1 2015 in Review

53 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2015, worth a combined $335M — up 11% from $303M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of KIE and 9 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 15 added.

The largest buyer was Xponance, adding an estimated $18.3M. The largest seller was Bank of America, cutting an estimated $10.6M.

  • 53 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2015, down from 58 in Q4 2014.
  • Funds reported $335M of State Street SPDR S&P Insurance ETF stock for Q1 2015, up 11% quarter-over-quarter.
  • 9 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2015 and 13 closed out, a net change of -4 holders.
  • The largest State Street SPDR S&P Insurance ETF buyer in Q1 2015 was Xponance, an estimated $18.3M added.
  • The largest State Street SPDR S&P Insurance ETF seller in Q1 2015 was Bank of America, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2015.